Best Posts in Thread: We are thinking about selling our property around Valencia

I should have put this here instead of a new reply:

 

I used atty. Mike Miguel to sell my house/lot. That was a win-win for me since he is an attorney who also sells properties. He made sure all of the paperwork was in order and put my mind at ease.

 

Interesting point - two sides to this with the ease of access to a modern airport but the downside of aircraft noise and increased traffic.

 

We just bought a lot in Valencia and while not as big as yours, it's pretty large. We found that in searching in many ways it's not that dissimilar from the process in the West. That is there are many agents who will want to help you and you will have to interview and work with several before you can decide who you want to trust. We also found that prices were all over the map, from under 1000 pesos/meter to over 3000. The inexpensive ones were often quite beautiful but were either off the beaten path or only had right of way access. We quickly decided we did not want to buy a lot with right of way only.

I guess what I am trying to say is that there are a lot of factors to determine how much to ask for. Do a bit more research on what is currently for sale, interview several agents, and then decide on a strategy. The strategy ought to include patience since property here does not sell quickly. Good luck!

 

The Wife went out to check out the Sister In-law's lot yesterday in Dauin. Around 120M from the Highway with dirt road access. She bought 100m2 for 40,000 pesos (400php per M2) and has just had Water and Electricity connected. Most Lots sold were 200/250m2 each. The Wife asked the owner of the subdivision (who lives beside her Sister) if he had any lots available, and was told they sold like Hot Cakes, Wala! None left! Bargains can be had but you have to move quickly.

Around Maluay/Malatapay area we are being offered small Lots for 1750php per M2, so Land is on the rise tripling in price here over the past 4 Years. (Mind you what they ask and get are two different stories...)

 

It is okay and perhaps wise to use more than one agent when buying or selling.
There are not that many foreigner buyers willing to buy a property in their partner’s name.
My experience is many foreigners would prefer to “live the dream” with a house on the beach; thus, driving up the per square price significantly.
It can be a buyers market if you find a person urgently needing to sell.
With the new Bacong airport starting road construction, I am interested how Bacong prices will be impacted.